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Agence France-Presse/Getty ImagesThe latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0813 GMT – U.K. budget airline easyJet reported better-than-expected results, but its outlook for the year ahead seems a mixed bag, RBC Capital Markets’ Ruairi Cullinane and Jakub Glinkowski say. The company anticipates modest cost inflation—as measured by airline costs per available seat kilometer—in fiscal 2026 and expects a similar trend for revenue, the analysts say. Its comments suggest winter losses are likely to reduce less than previously anticipated, they add. Although easyJet exceeded profit expectations for fiscal 2025, consensus estimates for fiscal 2026 might be trimmed due to its outlook comments, according to RBC. On the bright side, a new fiscal 2030 pretax profit target of 450 million pounds for its easyJet Holidays business is ahead of expectations, RBC says. Shares are up 0.2%. ([email protected])
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